What are the Latest Digital Transformation Trends?

Digital transformation describes the process by which businesses are digitizing their existing tools and operations. By researching some of the hottest digital transformation trends today, you can get started with transforming your own organization. 

You can see what other companies in your space have done to improve tasks and improve business outcomes overall. This can be extremely helpful when developing your own transformation strategy.

Digital transformation in business takes many forms, and some tools and techniques are better suited to certain organizations than others. As such, it can be helpful to view examples that pertain to your specific business or industry. 

Common digital transformation examples include the following:

• Transitioning to a remote-based company
• Using AI to obtain critical insights
• Personalizing the customer journey
• Organizing logistics and the supply chain
• Automating manual tasks such as invoicing

Automation and artificial intelligence (AI) are two of the biggest trends in digital transformation. By joining automation tools with advanced AI applications, businesses are achieving higher levels of efficiency. They’re also boosting the accuracy of tasks and extracting key data that is being used to drive smarter decision-making. 

Automation and AI can benefit a wide range of organizations. Whether you work in healthcare, manufacturing, or anything in between, it can be helpful to automate routine processes.

Rossum leverages both AI and automation to help companies implement time-saving solutions. With the Rossum platform, you can quickly scan and transform incoming information from unstructured or flat sources like PDFs into usable data. 

While traditional validation tools tend to be slow, Rossum uses a single cloud-native platform to power all aspects of processing. This saves users time and allows them to get through their workflows more efficiently. By automating complex document intake with Rossum, you can also access a flexible queuing system for greater organization.

What are the digital transformation future trends?

When looking at digital transformation future trends, it’s important to consider your current needs. 

• Where are the gaps in your workflow? 
• What are your teams struggling with? 

Some trends may be more relevant to your business than others. By outlining your needs and business objectives, you can find the tools and strategies that are best for your organization.

The future of digital transformation is likely to be centered around AI, which is why more and more companies are finding ways to incorporate AI-based solutions in their workflows. Going forward, digital transformation will also prioritize personalization and the customer experience. 

With the right digital tools, you can do more for your customers. Whether you implement self-serve tools on your website or find ways to continue assisting them in person, digitization can transform the customer experience for the better.

Digital transformation companies provide the software for businesses to get started with AI-based solutions and related tools. When choosing a company to work with, you should consider your specific needs and the extent to which you need help with implementation. Some companies install tools for users, while others allow users to get started on their own. 

What are the Top 5 Digital Transformation Trends?

Digital transformation trends Gartner resources can be extremely helpful for businesses wanting to learn more about the most popular trends in digital transformation today. Gartner is a reputable source for comparing software providers and researching topics related to the digital sphere. 

McKinsey is another great platform for learning more about these topics. Searching for “digital transformation trends McKinsey” can also yield a plethora of helpful results. 

If you’re just searching generally for digital transformation trends, you might try focusing on the most popular ones. This will allow you to direct your attention to tools and strategies that are likely to produce the best outcomes for your business. 

Here are the top 5 digital transformation trends that all businesses should be aware of today:

• Accounts payable automation
• Predictive analytics
• Customer data platform optimization
• Internet of things (IoT)
• 5G

By becoming familiar with some of the top digital transformation trends, you can more easily get your organization on board with the process. Digital transformation requires education and making your team aware of the importance of digitization can go a long way in transforming your business operations. This is critical to helping your brand stand out in the modern digital climate. 

What is digital transformation?

Understanding the current state of digital transformation is key to achieving business growth today. Going forward, very few companies will be able to get by with manual, outdated techniques alone. 

By prioritizing digital transformation, businesses can keep up with the evolving digital landscape and demonstrate to customers that they are committed to offering the latest and greatest technologies.

Searching for the top 10 digital transformation trends can give you an idea of what businesses are doing today to transform their workflows. While each organization is unique, you can glean inspiration from what other companies have done. You can take note of their implementation processes and what challenges they have faced—and overcome—when digitizing tasks. 

Your digital transformation journey might look different from someone else’s, but there are some best practices that are good to follow, regardless of your specific roadmap. 

For example, it’s important to establish effective leadership that can oversee this transition. You also want to make sure the rest of your team is onboard with the process. Equip them with the tools and skills they need to succeed in the digital space. Answer whatever questions they might have, and find ways to troubleshoot issues quickly and efficiently.

What are some technology trends?

Technology trends are increasingly pointing towards AI as a solution to manual tasks and time-consuming processes. Artificial intelligence is one of the top digital trends today, and for a good reason. 

AI is designed to perform tasks on an advanced level, simulating the human brain to drive greater efficiency. There are a number of ways that businesses across industries can leverage AI to transform their workloads. 

These include:

• Automating payments
• Assisting customers via chatbots
• Personalizing marketing campaigns
• Self-driving cars
• Appointment scheduling in healthcare
• Manufacturing robots

Organizations should remain up to speed on some of the top software trends in their industries. Certain trends may be more relevant to some companies than others, which is why it’s important to consider your specific business needs. This is especially true when it comes to choosing tools and solutions for digitization.

Before getting started with the process, businesses should outline a detailed strategy for implementing new digital solutions. This can help ensure that everything goes according to plan and that they have the right infrastructure in place. Your ultimate goal with this process should be to develop something absolutely critical: a digital transformation framework.

What is a digital transformation framework?

So what is a digital transformation framework, and why is it so important? Essentially, it is a strategy or roadmap for how you plan to digitize business operations in the short- and long-term future. 

Your framework should include a list of potential tools and solutions that you might use going forward. It should also detail the extent to which your existing processes will change as a result of digitization and how this will impact your bottom line.

The McKinsey digital transformation roadmap outlines 10 guiding principles for digital transformation. These are broken up into four stages: 

• Defining value
• Launch
• Acceleration
• Scaling up

Digital transformation McKinsey resources like these can be incredibly helpful for businesses as they determine how to best implement new digital tools and strategies. By following a proven framework, you can achieve greater success with your process.

Searching “digital transformation metrics McKinsey” can also produce helpful results when it comes to tracking key metrics in your process. Likewise, a McKinsey digital transformation PDF can provide a quick overview. PDFs are easily shareable and can be opened across a number of devices, making them an excellent resource for sharing with the rest of your team. 

What is a great digital transformation strategy for businesses?

Developing a digital transformation strategy is vital to achieving success with your digitization process. While starting from scratch is an option, it can be helpful—especially for those that are new to digital transformation—to use resources from trusted sources like McKinsey. 

Digital transformation McKinsey resources provide critical information for navigating the digital landscape today. The McKinsey digital transformation roadmap can be especially useful for businesses as they create frameworks around this process.

Deloitte is another valuable resource that businesses can turn to when developing strategies and frameworks. Digital transformation Deloitte resources, like those offered by McKinsey, can be helpful for businesses as they determine how to implement new digital solutions. 

Digital transformation Accenture and digital transformation BCG tools are also great for helping organizations get started with this process.

Ultimately, there isn’t necessarily a right way or a wrong way to strategize for digital transformation. Each business is unique, and what works for one organization may be incompatible with another. 

However, by accessing resources through reputable platforms like McKinsey and Deloitte, you can learn more about this process and discover how to prepare your business for the digital transformation process. By doing your research ahead of time, you can ensure smoother implementation and get everybody on board with your strategy.